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赫兹（HTZ）与Norfolk Southern（NSC）财务数据对比。点击上方公司名可切换其他公司
Norfolk Southern的季度营收约是赫兹的1.5倍（$3.0B vs $2.0B），Norfolk Southern净利率更高（21.7% vs -16.6%，领先38.3%），赫兹同比增速更快（11.0% vs -1.7%），过去两年Norfolk Southern的营收复合增速更高（-0.5% vs -7.7%）
赫兹全球控股是美国知名汽车租赁企业，总部位于佛罗里达州埃斯特罗。公司运营赫兹同名核心品牌，同时拥有Dollar、Firefly、Thrifty等多个汽车租赁子品牌，业务覆盖全球广泛市场，为客户提供多元出行租赁解决方案。
诺福克南方铁路是美国一级货运铁路运营商，总部位于亚特兰大，1982年由诺福克西部铁路与南方铁路合并组建。公司运营线路总长19420英里（约31250公里），覆盖美国东部22个州及华盛顿哥伦比亚特区，同时拥有加拿大太平洋堪萨斯城铁路奥尔巴尼至蒙特利尔线路的通行使用权。
HTZ vs NSC — 直观对比
营收规模更大
NSC
是对方的1.5倍
$2.0B
营收增速更快
HTZ
高出12.7%
-1.7%
净利率更高
NSC
高出38.3%
-16.6%
两年增速更快
NSC
近两年复合增速
-7.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $3.0B |
| 净利润 | $-333.0M | $644.0M |
| 毛利率 | — | — |
| 营业利润率 | — | 31.5% |
| 净利率 | -16.6% | 21.7% |
| 营收同比 | 11.0% | -1.7% |
| 净利润同比 | 24.8% | -12.1% |
| 每股收益（稀释后） | $-1.06 | $2.87 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收HTZNSC
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $3.0B | ||
| Q3 25 | $2.5B | $3.1B | ||
| Q2 25 | $2.2B | $3.1B | ||
| Q1 25 | $1.8B | $3.0B | ||
| Q4 24 | $2.0B | $3.0B | ||
| Q3 24 | $2.6B | $3.1B | ||
| Q2 24 | $2.4B | $3.0B |
净利润HTZNSC
| Q1 26 | $-333.0M | — | ||
| Q4 25 | $-194.0M | $644.0M | ||
| Q3 25 | $184.0M | $711.0M | ||
| Q2 25 | $-294.0M | $768.0M | ||
| Q1 25 | $-443.0M | $750.0M | ||
| Q4 24 | $-479.0M | $733.0M | ||
| Q3 24 | $-1.3B | $1.1B | ||
| Q2 24 | $-865.0M | $737.0M |
营业利润率HTZNSC
| Q1 26 | — | — | ||
| Q4 25 | -11.0% | 31.5% | ||
| Q3 25 | 9.4% | 35.4% | ||
| Q2 25 | -14.5% | 37.8% | ||
| Q1 25 | -29.0% | 38.3% | ||
| Q4 24 | -27.6% | 37.4% | ||
| Q3 24 | -62.9% | 52.3% | ||
| Q2 24 | -20.1% | 37.2% |
净利率HTZNSC
| Q1 26 | -16.6% | — | ||
| Q4 25 | -9.6% | 21.7% | ||
| Q3 25 | 7.4% | 22.9% | ||
| Q2 25 | -13.5% | 24.7% | ||
| Q1 25 | -24.4% | 25.1% | ||
| Q4 24 | -23.5% | 24.2% | ||
| Q3 24 | -51.7% | 36.0% | ||
| Q2 24 | -36.8% | 24.2% |
每股收益（稀释后）HTZNSC
| Q1 26 | $-1.06 | — | ||
| Q4 25 | $-0.46 | $2.87 | ||
| Q3 25 | $0.42 | $3.16 | ||
| Q2 25 | $-0.95 | $3.41 | ||
| Q1 25 | $-1.44 | $3.31 | ||
| Q4 24 | $-1.57 | $3.24 | ||
| Q3 24 | $-4.34 | $4.85 | ||
| Q2 24 | $-2.82 | $3.25 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $583.0M | $1.5B |
| 总债务越低越好 | — | $16.5B |
| 股东权益账面价值 | — | $15.5B |
| 总资产 | $23.3B | $45.2B |
| 负债/权益比越低杠杆越低 | — | 1.06× |
8季度趋势，按日历期对齐
现金及短期投资HTZNSC
| Q1 26 | $583.0M | — | ||
| Q4 25 | $565.0M | $1.5B | ||
| Q3 25 | $1.1B | $1.4B | ||
| Q2 25 | $503.0M | $1.3B | ||
| Q1 25 | $626.0M | $1.0B | ||
| Q4 24 | $592.0M | $1.6B | ||
| Q3 24 | $501.0M | $975.0M | ||
| Q2 24 | $568.0M | $659.0M |
总债务HTZNSC
| Q1 26 | — | — | ||
| Q4 25 | — | $16.5B | ||
| Q3 25 | — | $16.5B | ||
| Q2 25 | — | $16.5B | ||
| Q1 25 | — | $16.7B | ||
| Q4 24 | — | $16.7B | ||
| Q3 24 | — | $16.6B | ||
| Q2 24 | — | $16.9B |
股东权益HTZNSC
| Q1 26 | — | — | ||
| Q4 25 | $-459.0M | $15.5B | ||
| Q3 25 | $-317.0M | $15.1B | ||
| Q2 25 | $-504.0M | $14.8B | ||
| Q1 25 | $-262.0M | $14.5B | ||
| Q4 24 | $153.0M | $14.3B | ||
| Q3 24 | $681.0M | $13.8B | ||
| Q2 24 | $2.0B | $13.0B |
总资产HTZNSC
| Q1 26 | $23.3B | — | ||
| Q4 25 | $22.3B | $45.2B | ||
| Q3 25 | $23.0B | $44.6B | ||
| Q2 25 | $23.1B | $44.2B | ||
| Q1 25 | $22.0B | $43.8B | ||
| Q4 24 | $21.8B | $43.7B | ||
| Q3 24 | $23.0B | $43.3B | ||
| Q2 24 | $25.2B | $42.6B |
负债/权益比HTZNSC
| Q1 26 | — | — | ||
| Q4 25 | — | 1.06× | ||
| Q3 25 | — | 1.09× | ||
| Q2 25 | — | 1.11× | ||
| Q1 25 | — | 1.15× | ||
| Q4 24 | — | 1.16× | ||
| Q3 24 | — | 1.21× | ||
| Q2 24 | — | 1.30× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $1.1B |
| 自由现金流经营现金流 - 资本支出 | — | $334.0M |
| 自由现金流率自由现金流/营收 | — | 11.2% |
| 资本支出强度资本支出/营收 | 53.6% | 24.5% |
| 现金转化率经营现金流/净利润 | — | 1.65× |
| 过去12个月自由现金流最近4个季度 | — | $2.2B |
8季度趋势，按日历期对齐
经营现金流HTZNSC
| Q1 26 | — | — | ||
| Q4 25 | $193.0M | $1.1B | ||
| Q3 25 | $835.0M | $1.3B | ||
| Q2 25 | $346.0M | $1.1B | ||
| Q1 25 | $251.0M | $950.0M | ||
| Q4 24 | $414.0M | $951.0M | ||
| Q3 24 | $894.0M | $1.2B | ||
| Q2 24 | $546.0M | $1.0B |
自由现金流HTZNSC
| Q1 26 | — | — | ||
| Q4 25 | — | $334.0M | ||
| Q3 25 | — | $720.0M | ||
| Q2 25 | — | $602.0M | ||
| Q1 25 | — | $501.0M | ||
| Q4 24 | — | $276.0M | ||
| Q3 24 | — | $645.0M | ||
| Q2 24 | — | $468.0M |
自由现金流率HTZNSC
| Q1 26 | — | — | ||
| Q4 25 | — | 11.2% | ||
| Q3 25 | — | 23.2% | ||
| Q2 25 | — | 19.4% | ||
| Q1 25 | — | 16.7% | ||
| Q4 24 | — | 9.1% | ||
| Q3 24 | — | 21.1% | ||
| Q2 24 | — | 15.4% |
资本支出强度HTZNSC
| Q1 26 | 53.6% | — | ||
| Q4 25 | — | 24.5% | ||
| Q3 25 | — | 17.8% | ||
| Q2 25 | — | 15.3% | ||
| Q1 25 | — | 15.0% | ||
| Q4 24 | — | 22.3% | ||
| Q3 24 | — | 19.0% | ||
| Q2 24 | — | 18.7% |
现金转化率HTZNSC
| Q1 26 | — | — | ||
| Q4 25 | — | 1.65× | ||
| Q3 25 | 4.54× | 1.79× | ||
| Q2 25 | — | 1.40× | ||
| Q1 25 | — | 1.27× | ||
| Q4 24 | — | 1.30× | ||
| Q3 24 | — | 1.12× | ||
| Q2 24 | — | 1.41× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
HTZ
暂无分部数据
NSC
| Railway Operating Revenues Market Group Merchandise | $1.9B | 63% |
| Metals And Construction | $404.0M | 14% |
| Railway Operating Revenues Market Group Coal | $347.0M | 12% |
| Automotive | $293.0M | 10% |
